REG - Hornby PLC - Last Day of Dealings

HornbyAnnouncement

09/04/2025 08:30

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RNS Number : 2866E  Hornby PLC  09 April 2025

 

 

Hornby Plc

 

Last Day of Dealings

Hornby plc ("Hornby", or the "Company", and, together with its subsidiaries,
the "Group"), the international hobby products group, today provides a further
update with regards to the cancellation of admission of the Company's ordinary
shares (the "Ordinary Shares") to trading on AIM (the "Cancellation"), as
originally announced on 13 March 2025, and as approved by shareholders at the
General Meeting held on 01 April 2025.

 

Shareholders are reminded that the last day of trading in the Ordinary Shares
on AIM is today, 09 April 2025, and Cancellation will become effective at 7:00
a.m. on 10 April 2025. Following Cancellation, the Company will re-register as
a private company under the name Hornby Limited.

 

As previously announced, the Company has made arrangements to facilitate
future shareholder transactions in the Company's Ordinary Shares. The Company
has appointed JP Jenkins to provide a share exchange facility ("Exchange
Facility") and matched bargain facility ("Matched Bargain Facility"), the
Exchange Facility will be available upon the date of Cancellation for one
month from Cancellation. The Matched Bargain Facility will be available
following expiry of the Exchange Facility. JP Jenkins is an appointed
representative of Prosper Capital LLP, which is authorised and regulated by
the FCA. Details of the Exchange Facility and Matched Bargain Facility to
assist shareholders wishing to trade in Ordinary Shares following the AIM
Delisting will be available on the Company's website
https://www.hornby.plc.uk. The Exchange Facility will commence on 10 April
2025.

Shareholders will continue to be able to hold their shares in uncertificated
form (i.e. in CREST) and should check with their existing stockbroker whether
they are willing or able to trade in unquoted shares. Shareholders wishing to
trade shares through JP Jenkins must do so through their stockbroker.

Further details regarding the cancellation and re-registration are set out in
the circular sent to shareholders dated 13 March 2025 ("Circular"). A copy of
the Circular is available on the Company's website https://www.hornby.plc.uk.

Following the AIM Delisting, Panmure Liberum Limited will cease to act as
nominated adviser and corporate broker to the Company.

Capitalised terms used but not defined in this announcement shall have the
same meaning given to such terms in the Circular.

Enquiries:

Hornby PLC

Kirstie Gould, CFO                     01843 233 500

Caroline Merrell, PR                   07852 210329

 

Panmure Liberum Limited, Nominated Advisor and Broker

Andrew Godber                         020 3100 2222

Edward Thomas

Ailsa Macmaster

 

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